2 Days
Source:
مصراوي
_1777352244987_250242181.png&w=64&q=75){kind=small}
_1777352142843_145525226.png&w=64&q=75){kind=small}
Dollar reaches six-month peak near 55 EGP
The US dollar price in Egypt has risen significantly, nearing 55 Egyptian pounds for the first time in six months. It increased by about 48 piastres during the morning trading sessions due to heightened demand for the US currency, driven by partial foreign investor sell-offs of local debt instruments and increasing geopolitical risks in the region. The dollar exchange rate at some banks, such as the National Bank of Egypt and Bank of Egypt, reached 54.36 pounds for buying and 54.46 pounds for selling, while at CIB Bank it was 54.32 pounds for buying and 54.42 pounds for selling. This rise follows fluctuations in the dollar's price in recent days, and the upward trend is expected to continue amid growing economic and geopolitical pressures.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)